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The market for a good is competitive and characterized by a demand function ooof Qd= 30,500-200P...

The market for a good is competitive and characterized by a demand function ooof Qd= 30,500-200P and supply function Qs=10P-1000. The government wants to discourage consumption of the good and imposes a tax at the rate of 10% on the selling good. What is the equilibrium quantity, producer price, consumer price, and the amount of tax revenue raised?

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